Sold

Listed by: Real Residential • Albert D Clark

Bought with: Designed Realty

$985,000

5199 S Spencer Street, Seattle, WA 98118

2beds

1,389sqft

Multi Family, Condominium

Built in 2024

-- sqft lot

$-- Zestimate^®

$709/sqft

$4,434 Estimated rent

Home value

Not available

Estimated sales range

Not available

$4,434/mo

Zestimate^® history

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$6,056/mo

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$6,056/mo

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What's special

Set among 16 stones & 3 trees, a unique urban residence perched at the precipice of Seward Park emerges to create a unique opportunity unseen in Seward Park. Ultra-modern styled and clad in rich dark cedar, showcasing striking architecture, custom lighting, and exquisite details. Spacious primary suite with dual vanity bathroom & walk-in shower. Additional lower level bedroom + flex space or non-conforming 3rd bed with walk-out slider. Modern kitchen with honed counters & stainless appliance make this the epitome of efficient in-city living. Southerly exposure and sweeping views of Mt Rainier & Lake WA from the view deck for outdoor enjoyment. 1-car attached garage. Every inch of this property has been thoughtfully designed & curated.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Description: DADU
Level: Main

Bedroom

Description: DADU
Level: Lower

Bathroom three quarter

Description: DADU
Level: Main

Bathroom full

Description: DADU
Level: Lower

Entry hall

Description: DADU
Level: Main

Family room

Description: DADU
Level: Lower

Kitchen with eating space

Description: DADU
Level: Main

Utility room

Description: DADU
Level: Main

Heating

Fireplace, Ductless HP-Mini Split, Wall Unit(s), Electric

Cooling

Has cooling: Yes

Appliances

Included: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater: Hybrid, Water Heater Location: Garage, Dryer-Electric, Washer
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Flooring: Ceramic Tile, Concrete, Engineered Hardwood, See Remarks, Carpet
Number of fireplaces: 1
Fireplace features: Main Level: 1, Fireplace

Interior area

Total structure area: 1,389
Total interior livable area: 1,389 sqft

Property

Parking

Total spaces: 1
Parking features: Individual Garage, Off Street
Garage spaces: 1

Features

Levels: Two
Stories: 2
Entry location: Main
Patio & porch: Ceramic Tile, Concrete, Dryer-Electric, Fireplace, Wall to Wall Carpet, Washer, Water Heater, Yard
Has view: Yes
View description: Lake, See Remarks, Territorial
Has water view: Yes
Water view: Lake

Lot

Size: 9,600 Square Feet
Features: Corner Lot, Curbs, Paved, Sidewalk, Yard

Details

Parcel number: 5199TBD
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Modern,Condo (2 Levels)
Property subtype: Multi Family, Condominium

Materials

Cement/Concrete, Wood Siding, Wood Products
Roof: Flat

Condition

New construction: Yes
Year built: 2024
Major remodel year: 2024

Utilities & green energy

Electric: Company: Seattle City Light
Sewer: Company: City of Seattle
Water: Company: City of Seattle
Utilities for property: Xfinity, Xfinity

Community & HOA

Community

Features: See Remarks
Subdivision: Seward Park

HOA

Services included: See Remarks
HOA fee: $32 monthly

Location

Region: Seattle

Financial & listing details

Price per square foot: $709/sqft
Tax assessed value: $1,388,000
Annual tax amount: $8,079
Date on market: 3/9/2025
Cumulative days on market: 500 days
Listing terms: Conventional,FHA,VA Loan
Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)

Price history

Date	Event	Price
2/19/2025	Sold	$985,000-1.5%$709/sqft
Source: NWMLS as distributed by MLS GRID #2323010 Report a problem
1/22/2025	Pending sale	$999,999$720/sqft
Source: NWMLS as distributed by MLS GRID #2321097 Report a problem
1/9/2025	Listed for sale	$999,999+25%$720/sqft
Source: NWMLS as distributed by MLS GRID #2321097 Report a problem
8/7/2023	Sold	$800,000-11%$576/sqft
Source: NWMLS as distributed by MLS GRID #2015217 Report a problem
11/22/2022	Pending sale	$899,000$647/sqft
Source: NWMLS as distributed by MLS GRID #2015217 Report a problem
11/8/2022	Listed for sale	$899,000+63.5%$647/sqft
Source: NWMLS as distributed by MLS GRID #2015217 Report a problem
6/29/2016	Sold	$550,000$396/sqft
Source: NWMLS as distributed by MLS GRID #892138 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$13,963 +88.6%	$1,388,000 +103.8%
2023	$7,404 +18.5%	$681,000 +8.8%
2022	$6,248 +8.1%	$626,000 +18.1%
2021	$5,781 +4.6%	$530,000 +9.7%
2020	$5,524 -0.5%	$483,000 -3%
2019	$5,553 +9.1%	$498,000 -2%
2018	$5,092 -3.5%	$508,000 +9.2%
2017	$5,278 +24%	$465,000 +3.6%
2016	$4,256	$449,000 +8.2%
2015	$4,256	$415,000 +5.9%
2014	$4,256	$392,000 +14.3%
2013	$4,256	$343,000 +85.4%
2012	--	$185,000